Cleveland-Cliffs Inc
General ticker "CLF" information:
- Sector: Materials
- Industry: Metals & Mining
- Capitalization: $5.4B
Cleveland-Cliffs Inc does not follow the US Stock Market performance with the rate: -23.0%.
Estimated limits based on current volatility of 3.4%: low 9.07$, high 9.71$
Factors to consider:
- US accounted for 90.9% of revenue in the fiscal year ended 2023-12-31
- Current price 17.0% below estimated low
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [11.31$, 19.84$]
- 2024-12-30 to 2025-12-30 estimated range: [13.10$, 21.97$]
Financial Metrics affecting the CLF estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.03
- Positive: Operating cash flow per share per price, % of 23.98 > 12.76
- Negative: Industry operating cash flow per share per price (median), % of 2.55 <= 3.85
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 2.50
- Positive: 1.03 < Operating profit margin, % of 3.08
Short-term CLF quotes
Long-term CLF plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $20,364.00MM | $22,879.00MM | $21,996.00MM |
| Operating Expenses | $16,352.00MM | $20,940.00MM | $21,319.00MM |
| Operating Income | $4,012.00MM | $1,939.00MM | $677.00MM |
| Non-Operating Income | $-209.00MM | $-143.00MM | $-80.00MM |
| Interest Expense | $337.00MM | $276.00MM | $289.00MM |
| Income(Loss) | $3,803.00MM | $1,796.00MM | $597.00MM |
| Taxes | $773.00MM | $423.00MM | $148.00MM |
| Other Income(Loss) | $3.00MM | $3.00MM | $1.00MM |
| Profit(Loss) | $3,033.00MM | $1,376.00MM | $450.00MM |
| Stockholders Equity | $5,490.00MM | $7,791.00MM | $7,887.00MM |
| Inventory | $5,188.00MM | $5,130.00MM | $4,460.00MM |
| Assets | $18,975.00MM | $18,755.00MM | $17,537.00MM |
| Operating Cash Flow | $2,785.00MM | $2,423.00MM | $2,267.00MM |
| Capital expenditure | $705.00MM | $943.00MM | $646.00MM |
| Investing Cash Flow | $-1,379.00MM | $-936.00MM | $-591.00MM |
| Financing Cash Flow | $-1,470.00MM | $-1,509.00MM | $-1,504.00MM |
| Earnings Per Share* | $6.00 | $2.57 | $0.78 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.